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Consumers spent $601.75 billion online with U.S. merchants in 2019, up 14.9% from the year before, according to the U.S. Department of Commerce. With online sales sure to increase in the coming years, it’s prime time to get moving on the ecommerce idea you’ve been itching to start. However, just like brick-and-mortar businesses, ecommerce companies also have legal and tax issues to consider when choosing a business entity type. Which business structure will offer the most advantages depends on a number of factors.
Which business entity is best for an ecommerce company?
Here are the options available to you and what to think about when structuring your new ecommerce business. There are also some insights on where to turn for help when making … Read more